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RBA Glossary definition for overnight loans

overnight loans – Loans, which are recallable, repayable or renegotiable the next day, usually by 11.00 am.

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Read me file

12 May 2023 RDP 2023-04
Jonathan Hambur and Qazi Haque
Money market spread – money market spread between 3-month bank-accepted bill (BAB) rate and 3-month Australian dollar overnight indexed swap (OIS) rate (3-month zero-coupon forward rate prior ... Unemployment rate – ABS Labour Force Statistics,
https://www.rba.gov.au/publications/rdp/2023/2023-04/read-me.html
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Read me file for Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!

3 May 2023 RDP PDF 247KB
RDP 2023-04 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-04/rdp-2023-04-read-me.pdf

Financial Conditions and Downside Risk to Economic Activity in Australia

23 Mar 2021 RDP 2021-03
Luke Hartigan and Michelle Wright
Aus. 1976:Q3. 2020:Q3. LD. 24. Owner-occupier housing loan approvals (excl refinancing). ... ABS. Aus. 1985:Q1. 2020:Q2. LD. 25. Investor housing loan approvals (excl refinancing).
https://www.rba.gov.au/publications/rdp/2021/2021-03/full.html
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Financial Conditions and Downside Risk to Economic Activity in Australia

17 Mar 2021 RDP PDF 1966KB
rates of non-performing loans at financial institutions. In order to implement the GaR framework for Australia we need to develop a financial conditions.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-03.pdf

The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Due to the transaction-level nature of the data, we (and other users of related algorithms) cannot explicitly distinguish between overnight loans that are subsequently rolled over without transacting, and loans ... lbdm. is zero. We measure outstanding
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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The Role of Collateral in Borrowing

14 Jan 2021 RDP PDF 1784KB
4. The credit channel literature shows that borrower and loan characteristics are important. ... overnight loans that are subsequently rolled over without transacting, and loans that upon initiation.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf

Credit Spreads, Monetary Policy and the Price Puzzle

23 Jan 2020 RDP PDF 1959KB
rate and the 3-month Australian dollar overnight indexed swap (OIS) rate ( MMtcs ) captures credit.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-01.pdf

Credit Spreads, Monetary Policy and the Price Puzzle

1 Jan 2020 RDP 2020-01
Benjamin Beckers
The spread between the 3-month bank-accepted bill (BAB) rate and the 3-month Australian dollar overnight indexed swap (OIS) rate. (.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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The PBC's Objectives and Operational Framework

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Overnight cash rate target. Reserves/asset purchases. Primary instrument(s). PBC repo rate in corridor system. ... LPR) in late 2019, in place of the benchmark loan rate which had been unchanged since 2015.
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-pbcs-objectives-and-operational-framework.html
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China’s Evolving Monetary Policy Framework in International Context

4 Dec 2019 RDP PDF 1923KB
sector restructuring activity in China (as non-performing loans peaked above 30 per cent). ... Inflation. Operational target(s) Monetary base. 7-day interbank repo rate. Overnight cash rate target.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf